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1040 Abroad: Is now the time to give up your US citizenship?

/PRNewswire/ -- By way of background, those who are covered expatriates when renouncing US citizenship are subject to an exit tax – a deemed disposition of all...

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1040 Abroad: Is now the time to give up your US citizenship?

/PRNewswire/ -- By way of background, those who are covered expatriates when renouncing US citizenship are subject to an exit tax – a deemed disposition of all...

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1040 Abroad: Is now the time to give up your US citizenship?

1040 Abroad: Is now the time to give up your US citizenship?
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Stock Market | FinancialContent Business Page

Stock Market | FinancialContent Business Page
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The Expatriation & Exit Tax Filing Requirements Explained

For many taxpayers, the main catalysts in giving up their US person status are the tax and reporting consequences of the US worldwide income and…

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US Executive Branch Update – November 1, 2021 - Coronavirus (COVID-19)

This report provides a snapshot of the US Executive Branch priorities via daily schedules and the prior day's press releases.

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Spain: Law 11/2021 implementing ATAD and other measures against fraud | Hogan Lovells

Spain: Law 11/2021 implementing ATAD and other measures against fraud | Hogan Lovells
jdsupra.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jdsupra.com Daily Mail and Mail on Sunday newspapers.

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The UK Government and HMRC's Efforts to Clamp Down on Promoters of Tax Avoidance | Katten Muchin Rosenman LLP

Tax avoidance is the process of manipulating tax rules to reduce the amount of tax payable and obtaining a financial advantage that was never the intention of the legislation. A typical...

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Minister Donohoe publishes an Update to Ireland's 2018 Corporation Tax Roadmap


Minister Donohoe publishes an Update to Ireland’s 2018 Corporation Tax Roadmap
14th January 2021 - Paschal Donohoe TD
The Update takes stock of the changing international tax environment, outlines the significant actions Ireland has taken to date and the further actions that will be taken over the coming years.
The Update outlines further actions that Ireland will be taking as part of international tax reform efforts, including commitments to:
 
Legislate for new International tax transparency rules for digital platforms;
Legislate for reverse hybrids aspect of ATAD anti-hybrid rules;
Adopt the Authorised OECD Approach for transfer pricing of branches;
Consider actions that may be needed in respect of outbound payments from Ireland and our wider withholding tax regime;

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The ABCs Of Expatriation In These Chaotic Times - Tax


Highlights
Expatriation has increased significantly in 2020. The latest
U.S. Department of the Treasury Report reflects that a record 6,047
individuals expatriated during the first three quarters of 2020. In
addition, 834,000 "green card" holders became U.S.
citizens in FY 2019, which reflects an 11-year high.
Why are so many individuals expatriating? Perhaps it is because
we live in chaotic times, ranging from the pandemic to the
contentious presidential election and transition, among other
reasons. Further, U.S. taxpayers increasingly are considering
moving a portion of their financial portfolios offshore for
diversification and to facilitate global trading.
The increase in expatriation also has caught the attention of

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